SAN FRANCISCO, April 14, 2022 /PRNewswire/ -- The global super absorbent dressings market size is expected to reach USD 144.21 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.69% from 2022 to 2030. An increase in the number of diabetic foot ulcer patients and a rise in surgical procedures worldwide are some major factors driving the market.
Key Insights & Findings from the report:
- Based on product, the non-adherent segment dominated the market with a share of over 70.0% in 2021 owing to an increase in the number of diabetic foot ulcers and pressure ulcer patients globally.
- Based on application, the chronic wounds segment is likely to register the fastest CAGR of 4.81% over the forecast period owing to an increase in the number of chronic wounds globally.
- On the basis of end-use, the hospitals segment dominated the market with a share of over 45.0% owing to the increasing number of surgeries among the patients in hospitals. The home healthcare segment is anticipated to register the fastest CAGR of 5.37% during the forecast period.
- North America dominated the market with a revenue share of over 45.0% in 2021 owing to the increasing number of surgical procedures and the availability of a large patient pool in the region.
Read 90-page market research report, "Super Absorbent Dressings Market Size, Share & Trends Analysis Report By Product (Adherent, Non-adherent), By Application (Chronic Wounds, Acute Wounds), By End Use, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.
Super Absorbent Dressings Market Growth & Trends
For instance, as per the England National Health Service, 4.5 million people in the U.K. suffer from diabetes, out of which 10% of people are susceptible to developing diabetic foot ulcers at any given time. Similarly, according to Diabetes Australia, every year, 10,000 hospital admissions in Australia are related to diabetic foot ulcers. Thus, with the increasing number of diabetic foot ulcers, the market is anticipated to witness growth during the forecast period.
Moreover, there has been an increase in the number of traumatic incidents such as road accidents globally. For instance, as per the Department of Infrastructure, Transport, Regional Development & Communications, Australia, the road crash injury data in 2018 has increased by 11.8% in the preceding five years. Similarly, according to the Government of the U.K., there were 115,584 casualties due to road accidents in the U.K. Therefore, the increase in traumatic accidents may help the market grow during the forecast period.
Additionally, the introduction of the COVID-19 vaccine is expected to assist the market growth over the forecast period. The introduction of the vaccine is expected to increase the number of elective surgeries, which were postponed earlier. The increase in the number of surgical procedures is expected to increase the use of super absorbent dressings, thereby driving the market during the forecast period.
Super Absorbent Dressings Market Segmentation
Grand View Research has segmented the global super absorbent dressings market on the basis of product, application, end-use, and region:
Super Absorbent Dressings Market - Product Outlook (Revenue, USD Million, 2018 - 2030)
- Adherent
- Non-adherent
Super Absorbent Dressings Market - Application Outlook (Revenue, USD Million, 2018 - 2030)
- Chronic Wounds
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Leg Ulcers
- Other Chronic Wounds
- Acute Wounds
- Surgical & Traumatic Wounds
- Burns
Super Absorbent Dressings Market - End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Hospitals
- Clinics
- Home healthcare
- Others
Super Absorbent Dressings Market - Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- South Korea
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
List of Key Players of Super Absorbent Dressings Market
- 3M
- Coloplast Corp.
- Hartmann USA, Inc.
- Molnlycke Health Care AB
- Smith & Nephew
- Integra LifeSciences
- Covalon Technologies, Ltd.
- McKesson Corporation
- Advancis Medical
- Medline Industries
Check out more related studies published by Grand View Research:
- Anti-biofilm Wound Dressing Market - The global anti-biofilm wound dressing market size is expected to reach USD 1,219.85 million by 2028. The rising incidence of Hospital Acquired Infections (HAIs), the growing prevalence of chronic diseases, and the increasing number of burn cases are the key driving factors for the market.
- Advanced Wound Dressing Market - The global advanced wound dressing market size is expected to reach USD 9.9 billion by 2028. The market is expected to expand at a CAGR of 5.5% from 2021 to 2028. An increasing number of accidents, the impact of COVID-19, and technological advancements are the key driving factors for the market.
- Silver Wound Dressing Market - The global silver wound dressing market size is expected to reach USD 1.3 billion by 2027. The rising cases of diabetic foot ulcers, introduction of technologically advanced products, and increasing cases of accidents and burns globally are the key driving factors for the market.
Browse through Grand View Research's Medical Devices Industry Research Reports.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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